layoffs
Nokia Cuts 4000 European Jobs; Phone Assembly Moves To Asia
techcrunch.com
It’s a sign of the times, though not a particularly surprising one: Nokia has finally eliminated its European phone assembly infrastructure and will be moving those 4000 jobs to Asia, according to a Reuters report. The factories are not being shuttered altogether, and localizing and finishing work will still be...
DeNA Has Big Quarter, Acquiree Ngmoco:( Has Layoffs
techcrunch.com
Japanese mobile gaming giant DeNA bought mobile app developer Ngmoco last year for $400 million. Since then, the company has acquired a range of other outfits and worked to tie the San Francisco startup in with everything else it does. In general, things seem to be improving. The conglomerate just...
Layoffs, Hiring To Come At HP's Autonomy Unit (HPQ)
www.businessinsider.com
When HP warned investors that it could sell some of its business units, the gossips immediately turned their eyes to Autonomy. But new evidence shows that HP is reorganizing Autonomy, not trying to sell it. The new head of Autonomy, Robert Youngjohns, promised to hire some 50 engineers for the...
The incredible shrinking Yahoo: Activist shareholder’s latest weapon is an infographic
thenextweb.com
Hedge fund and activist Yahoo shareholder Third Point (which is in the middle of a proxy fight with the beleaguered Internet firm) recently set up a blog called ‘Value Yahoo’ that basically chronicles everything that is wrong with the online giant. Yahoo, which has fallen from grace after a series...
Yahoo Cuts 14 Percent Of Workforce; 2,000 Given Pink Slips
techcrunch.com
Yahoo has made its massive round of layoffs official. The company just released a statement saying that 2,000 employees have been let go, or 14 percent of it total workforce. We’ve pasted the release below. “Today’s actions are an important next step toward a bold, new Yahoo! – smaller, nimbler,...
What happened to AMD?
www.theverge.com
There's blood in the water, and the sharks are circling around. AMD is in trouble, to the point where buyout rumors sound credible even when they turn out to be false. AMD's having trouble putting its processors into computers people want to buy. The company's losing money and some...
Google completes acquisition of Motorola Mobility, CEO Sanjay Jha replaced by Dennis Woodside
www.theverge.com
Completing a nine-month journey through regulatory approvals on multiple continents, Google has closed its acquisition of Motorola Mobility today. The move comes just days after Google cleared the last major hurdle — approval in China, where Motorola has had a particularly strong presence for many years — and means...
Sharp begins production of 1080p display for smartphones: 443 ppi crammed into a 5-inch LCD
www.engadget.com
Layoffs and loans may be dominating our Sharp coverage at the moment, but that just makes this type of news all the sweeter. The company has announced its LCD panel type 5 -- a 5-inch full HD (1,920 x 1,080) display packing a Retina-busting 443 ppi (just trumping LG's...
Sony Confirms 10,000 Jobs To Go As Part Of ‘One Sony’ Reorganization
techcrunch.com
So the reports have proven to be true: Sony has now officially said that it will be reducing its headcount by 10,000 people worldwide, some six percent of its workforce, as the struggling electronics giant reorganizes under new management and its new “One Sony” plan. Sony says the employee reductions...
User-centric Design is Great, Just as Long as You Find the Right User
www.readwriteweb.com
My friend and colleague Esther Schindler has written a wonderful post over on SoftwareQuality Connection here about encouraging user-centric design. The only trouble is figuring out the right set of users that your software is designed for. Put another way, this is the classic programming problem: the person who hires...
It's Official: Yahoo Lays Off 2,000 Employees
allthingsd.com
In a move that AllThingsD.com had previously reported was coming, Yahoo said it had laid off While Yahoo has had periodic layoffs over the years, this one is its most significant and will also result in another large-scale restructuring of the management organization. This one is being pushed by new...
Yahoo's New CEO Preps Major Restructuring, Including Significant Layoffs
allthingsd.com
According to multiple sources both inside and outside the Silicon Valley Internet giant, Yahoo’s CEO Scott Thompson is preparing a massive restructuring of the company, including layoffs that are likely to number in the thousands. Much of the change — which could be announced as soon as the end...
Nokia’s Not Connecting: Fitch Follows Moody’s, Downgrades Nokia to BB+ With A Long-Term Negative Outlook
techcrunch.com
Financial fallout from last week’s Q1 earnings from beleaguered handset maker Nokia, which saw the company report declines in sales, profit and much else across the board: Fitch Ratings has once again downgraded the handset maker. Nokia now stands at a BB+ rating from a previous rating of BBB- for...
Nokia’s Not Connecting: Fitch Follows Moody’s, Downgrades Nokia to BB+ With A Long-Term Negative Outlook
Exclusive: Electronic Arts Set To Layoff +500 Employees
startupgrind.com
Exclusive: I’ve confirmed from multiple sources within Electronic Arts that the company is planning to layoff 500-1,000 people as soon as this week. As of March 31 public numbers, that represents between 5%-11% of total company employees. The layoffs were originally [...]...
Why You’re Paying More For Your Brand Terms On Yahoo
searchengineland.com
Yahoo has suffered through its fair share of turmoil over the last few years: a revolving door of CEOs, significant layoffs, investor revolts, and a declining share of the search space, both paid and organic. One recent bright spot for Yahoo was their first year over year growth in search...
Talking Windows 8, Sprint's iPhone and Much More on Tech News Today
allthingsd.com
I stopped by Tech News Today on Wednesday to chat on a variety of tech topics. Fortunately for me, the topics were largely familiar as several were topics I had written about including layoffs at Nokia, Microsoft’s preview version of Windows 8 and the impact of the iPhone on Sprint....
UK retailer GAME enters administration
www.theverge.com
Troubled British high street retailer GAME announced its plans to enter administration today. The company has been struggling for months, following layoffs, store closings, rumored acquisitions, and several issues stocking the latest blockbuster games. The problems resulted in a 15 percent stock price drop in February after a leaked...
LIVE: Yahoo Fires Thousands (YHOO)
www.businessinsider.com
Yahoo is going to fire 2,000 people today. It's part of new CEO Scott Thompson's plans to bring "real change" to the company. We'll be covering the day live – figuring out which groups are getting culled the most, and telling stories of goodbyes and great Yahoo careers. We...
10 Things You Need To Know This Morning (MSFT, FB, AAPL)
www.businessinsider.com
Good morning! Here's the scoop: Apple is reportedly working on a cheaper phone. Facebook is hosting a mystery press event next week. Qualcomm gave a keynote at CES that everyone is talking about. The theme was "born mobile"; Steve Ballmer and Big Bird both appeared on stage. Web TV company...
The Byte: Yahoo Starts Afresh, Nokia Layoffs, Chrome for Android 4.0
www.pcworld.com
More than half of Yahoo's board will be new. Nokia will lay off 4,000 workers and move production facilities to Asia before the end of 2012. Google's Chrome browser will come to Android 4.0 devices....
Goodbye Moto: Google Will Send Out 4,000 Motorola Pink Slips Starting Today, Cuts Will Be Across The Board
techcrunch.com
With Google’s $12.5 billion acquisition of Motorola Mobility closing in May, Google is now moving ahead on getting its new property in order. The New York Times is reporting that Google is preparing lay off 20 percent of the staff, or 4,000 jobs, and close one-third of its 94 worldwide...
Goodbye Moto: Google Will Send Out 4,000 Motorola Pink Slips Starting Today, Cuts Will Be Across The Board
EA Tempers Coming Layoffs With $1.2B In Digital Revs For The Year, Promise Of “Big Social Title”
techcrunch.com
Electronic Arts announced its Q4 earnings today, and although it beat estimates, its stock continued to fall today, and is down over 5 percent in after-hours trading. The stock has fallen nearly 20 percent since its last earnings in February. EA CEO John Riccitiello has moving to implement a restructuring...
Read Yahoo CEO’s Letter to Employees About Layoffs
blogs.wsj.com
Yahoo today confirmed this morning it plans to cut 2,000 jobs, or 14% of its 14,000 work force. Here’s CEO Scott Thompson’s letter to employees: Yahoos – Today we are restructuring Yahoo! to give ourselves the opportunity to compete and win in our core business. The changes we’re announcing today...
More On Meebo: Price Is Around $100M, Product Team To Work On Google+ Publisher Tools, Layoffs Hit Sales
techcrunch.com
Meebo, the seven year-old chat service morphed into a tool bar and ad platform, is indeed selling to Google. The company confirmed the news a few minutes ago, and we’ve since dug up some more details. First, the amount. After raising some $70 million in four venture rounds, Meebo’s acquisition was in...
More On Meebo: Price Is Around $100M, Product Team To Work On Google+ Publisher Tools, Layoffs Hit Sales
Nokia drops another 1,000 employees, Finnish plant focusing on software
www.engadget.com
To say it's been a rough year for Nokia would be a huge understatement. And things are only going to get worse before they get better. Case in point: the company just finalized an agreement to cut up to another 1,000 jobs (which we knew was coming), all at...
Major label uses DMCA to take down Romney ad of Obama crooning
arstechnica.com
A YouTube video produced by the Romney for President campaign got hit by a takedown request on Monday, highlighting the challenges that the Digital Millenium Copyright Act can pose for free speech. For days, President Obama and former Massachusetts Governor Mitt Romney have been trading barbs over Romney's role...
RIM may sell handset business to Facebook or Amazon
www.bgr.com
Struggling smartphone maker Research In Motion is reportedly considering a sale of its hardware business as the company continues to explore options that might help it recover. Following news that another round of layoffs has already begun at the Waterloo, Ontario-based company, Reuters cites The Sunday Times in reporting that...
CEO Scott Thompson To Cut 50 Properties: “Yahoo Has Been Doing Way Too Much”
techcrunch.com
CEO Scott Thompson outlined a vision today of how Yahoo can start growing as a company again. His big theme: Focus, focus, focus. “Yahoo has been doing way too much for too long and was only doing a few things really well,” Thompson said. He was speaking on the conference...
The World's Highest-Paid Software Engineers Work For These 25 Companies
www.businessinsider.com
Tech companies have a reputation for treating their employees well - especially their engineers. Engineering talent is scarce, so companies are willing to pay big bucks to keep them happy. Which companies pays their engineers the most? Jobs review site Glassdoor helped us pull the top 25 companies around the world...
Yahoo's Layoffs Tomorrow Morning of Up to 2,000 Will Only Be the First Move of a Larger Purge to Come
allthingsd.com
According to sources close to the situation, Yahoo’s massive round of layoffs tomorrow — which is likely to impact up to 2,000 employees — is just the tip of the proverbial iceberg that will hit the storied Silicon Valley Internet giant in the company over the months to come....
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